Kazakhstan mulls halving crude export duty
In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.
Oil price may hit $40 per barrel by end of month
Oil prices might fall again as reserves of crude continue growing, experts say.
Kazakhstan to introduce ban on imports of gasoline and diesel fuel
The measure will have no impact on the price of fuel. The Energy Ministry has set price ceilings for both gasoline and diesel fuel: Vice Minister of Energy.
Kazakh airlines to lower plane ticket prices
Plane ticket prices in Kazakhstan will be lowered amid the lowering jet fuel prices in Kazakhstan.
Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov
Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.
KazMunaiGas Head doesnt rule out further decrease in gasoline prices
According to him, oil refineries have been facing excessive gasoline in stock, with oil companies [in line with applicable legislation] still supplying a set volume to local refineries to be processed.
Kazakhstan's Air Astana to lower ticket prices
Air Astana announced a decision to lower ticket prices on domestic flights in Kazakhstan.
Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy
Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.
Kazakh budget revised amidst dropping oil prices
Kazakhstan is revising its budget because of the falling global oil prices.
National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis
Strengthening of tenge against Russian ruble negatively affects industrial sectors of Kazakh economy, therefore National Chamber believes it is necessary to introduce trade barriers.
Experts talk about Kazakhstan's car market amid Russian ruble depreciation
The year 2014 was a special one for the Kazakh car market given the recent depreciation of the ruble. Experts told Tengrinews about its effect on Kazakhstan's car market in 2015.
OPEC won't cut output even at $20 a barrel: Saudi
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not.
Kazakh National Fund grows despite drop in oil prices: Minister of Finance
Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.
What's with the gasoline prices in Kazakhstan?
Kazakh government is lowering gasoline prices. But for how long? And does it address the fuel deficit in the country?
Businesses in Kazakhstan reluctant to enter long-term contracts amid falling oil prices
CEO of Samruk Kazyna Contract Serikbek Yelshibekov said that Kazakh businessmen were becoming reluctant to enter long-term contracts with Samruk Kazyna subsidiaries due to the unstable situation at the oil market.
Dropping oil prices cast a shadow of unprofitability over Kashagan
The falling oil prices put the entire Kashagan project in question. Kashagan is a huge oil field located in Kazakhstan's sector of the Caspian Sea.
Kazakhstan names average ticket price for EXPO-2017
The cost of tickets to EXPO-2017 in Astana, Kazakhstan will start at 28 euro.
Kazakhstan Finance Minister on budget stability
According to him, through transfers from the National Oil Fund to the country’s budget the latter is insured against shocks related to falling oil prices.
Oil prices and currency rates approach alarming levels for Kazakhstan
Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.
Kazakhstani gasoline prices to match Russian by 2019: Karabalin
Gasoline prices in Kazakhstan are substantially lower than those of the neighbouring Russia. They will be gradually growing until they match the Russian prices by 2019.
